Nubank, the largest digital bank in Latin America, officially launched Nucoin. It is a free-of-charge token that rewards the most loyal users.
Companies around the South American country are driving a movement towards the "fintechtization" of the sector.
Nubank announced it was no longer serving its clients with investment advisory, cutting its headcount by 40.
Kredito was founded in 2018 to create a solution that would provide "fair interest rate" loans to startups and small-cap companies.
Mercado Libre booked $359 million in profits from $129 million a year ago, driven by strong e-commerce in Mexico and growing fintech products.
Apple Pay goes live in Mexico as issuer-processor Paymentology partners with Fondeadora to expand payments in the North American country.
LinkedIn's "Top Startup 2022 in Latin America" list highlights the work of the most promising and innovative companies of the year.
The fintech industry urges the government to expedite the procedure, contending that the current legal framework is impeding growth.
Buy Now, Pay Later companies are gaining ground in Latin America, with Kueski reporting more than 1 million customers.
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DiMo turns one year in Mexico. With this new digital payments initiative, the central bank wants to move on from CoDi´s unsuccessful experience.